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Hyundai Adds Another Piece to Their Growing Blockchain Ecosystem

Published 06/26/2020, 01:21 PM
Updated 06/27/2020, 03:20 PM
Hyundai Adds Another Piece to Their Growing Blockchain Ecosystem

Hyundai is reportedly looking to launch a blockchain ecosystem through its Europe-based subsidiary, Hdac, and IT arm, Hyundai BS&C, after registering three business trademarks with the Korea Intellectual Property Office.

According to Chosun, a local media outlet, Hyundai BS&C’s CEO Chung Dae-sun applied to the intellectual property authorities for the brand names Altum, Atolo, and Rizon. Each application has the description “electronic wallets that can hold cryptocurrencies.”

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